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Looks like we broke out again today on the chart, hopefully it sticks and we can look to challenge the low 30's in the next few weeks... Must be patient though chaps, Queenie has her jubilee coming up and the boyz will need a couple more days to recover from the 'festivities'
Look at the weekly charts. It's solid. Low time frames and every 5 minutes like a few here are doing is pointless.
Liquidity in equity at the moment is insanely low. But it will come back.
Yeah mate, same situation no idea it would this low. But I see it as a gift.
Also come join the discord https://discord.gg/cK5f8kv6
Hi sharehead, these new brokers rating were issued today after 4pm
* Serco Group Plc : JP Morgan raises target price to 170p from 155p
* Serco Group Plc : RBC raises target price to 205p from 190p
I'm expecting the above positive ratings to be good for us too.
Eatstocks
Believe it ir not but my average was 40 plus previously, and the reason I've accumulated 30ok shares is using up spare cash to average down, but the fecker kept falling after every average down. Then got to a point when 300k shares on 1 stock is way more than makes me comfortable, given its 3k a point either way.
I'm fairly relaxed now, CPI isn't going under, and when the transformation translates into the numbers, the debt is a more manageable level and seen to be sustainable consistently, this will significantly re-rate.
Happy to wait until 23, will probably top skim when I break even down to 150k.
Hopefully another good day tomorrow, Dow still up, the US have a holiday Monday, so could be a good few days.
It’s been a good day - but more important Serco RNS shows that outsourcing in general is gaining real momentum. For me this is a forever hold - but I see this back over £1 in a few years time and paying dividends. That’s a real prize in today’s difficult market and worth investing and holding for. Atb
50p is conservative. Anything over 80p is what I am really hoping for.
These losses will become profit IMHO ;)
When we reach 50p my profits will now be double of what they would be if we bounced at 32p. So once my paper loss are high enough to give anyone a heart attack, the profits will raise the dead
Me, you and a few have been sitting at huge losses.
I kept some free cash and bought all the way down. End of day we know where this should be.
You cannot sell on a loss and think you'll buy lower. The reason is no one knows where the bottom was/is. I thought 32p was it. Well I was wrong, where I know I'm not wrong is where the company is today compared to 2 or even 4 years ago.
No one could guess COVID would last that long, that inflation would go crazy (actually I was screaming about it last year) and that Russia would invade UK.
As a rule of thumbs I always try to keep 30% in cash. I am currently at 5% cash the lowest I have ever been.
I am not by far of the imagination an amazing investor and have screwed up more than once. But what I know and learned for sure is
1 keep some cash so you can buy more
2 don't chase unicorns (sell at a loss to buy somewhere as it looks more attractive then,)
3 sell if the companies fundamentals have changed not because the market is diving it.
I guess there's no real point if I think it's still cheap at 32, it's just been painful sitting on 30k loss for so long, but this could easily move 15-20% in any given day, I feel its coming soon.
How about holding to it and buying more
Wish I sold my 300k at 28 a few weeks ago at a loss and then bought back and I would be much closer to break even over all.
I'd love to say, for more green and a move above 25 ... but knowing CPI it will open red and lose all the ground, finishing back at 22 ....
Maybe I should sell my entire holding and buy back in at 22 tomorrow lunchtime ....
Has this share made me cynical? lol ....
Just kidding. But not really.
IMVHO DYOFR
etc
See you tomorrow.